Visualizing Gold ETFs’ Record Inflows Of 2020

Gold ETFs See Record Inflows in 2020

Gold had a strong year with 25% returns, and gold ETF inflows followed, reaching a new record high of $47.9 billion in 2020.

Gold-backed and gold ETFs have increasingly become a vital part of the gold investment market, making up around two-thirds of global net inflows for investment demand in the precious metal.

While gold set new all-time highs around $2,075/oz in 2020, gold ETF inflows ($47.5B) almost doubled the previous record-year of inflows (2016, $24.1B), and eclipsed 2013’s record year of outflows ($-41.6B).

Year Total Flows in Tonnes Total Flows in USD
2003 42.5t $0.1B
2004 125.4t $1.5B
2005 218.9t $3.3B
2006 260.2t $4.8B
2007 251.5t $5.6B
2008 311.0t $11.2B
2009 649.0t $19.3B
2010 388.6t $14.8B
2011 260.0t $11.8B
2012 251.9t $17.1B
2013 -887.1t $-41.6B
2014 -149.3t $-5.0B
2015 -129.3t $-3.5B
2016 541.1t $24.1B
2017 271.6t $9.8B
2018 70.1t $4.0B
2019 398.3t $19.1B
2020 877.1t $47.9B

Gold futures also saw increased participation in 2020, with aggregate open interest reaching yearly record-highs of $120.9B as investors and traders sought gold exposure.

North American Funds Represent Most Gold ETF Inflows

In terms of regionality, North American funds accounted for almost two-thirds of global net inflows from Q1-Q3’2020, reaching a total inflow of $31.9B for the year.

SPDR Gold Shares (GLD), the first U.S. gold ETF launched in 2004, made up the majority of North American inflows at $15.4B. Interestingly, this one ETF alone eclipsed Europe’s entire inflows for 2020 ($13.3B).

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Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...

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